 Tuesday, April 03, 2018 RADIANT LOGISTICS TAPS JENNIFER PAIGE DEENIHAN AS DIRECTOR OF MARKETING AND COMMUNICATIONS
BELLEVUE, WA, April 3, 2018 – Radiant Logistics, Inc. (NYSE American: RLGT), a third-party logistics and multimodal transportation services company, today announced the appointment of Jennifer Paige Deenihan as Director of Marketing and Communications with oversight of the Company’s multi-brand strategy and corporate communications efforts. Ms. Deenihan will report to Chief Commercial Officer, Arnold Goldstein.
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Thursday, February 08, 2018 RADIANT LOGISTICS ANNOUNCES FINANCIAL RESULTS FOR THE SECOND FISCAL QUARTER.
BELLEVUE, WA February 8, 2018 – Radiant Logistics,
Inc. (NYSE American: RLGT), a third-party logistics and multi-modal
transportation services company, today reported financial results for the three
and six months ended December 31, 2017.
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02/08/18 1:15 pm
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RADIANT LOGISTICS ANNOUNCES FINANCIAL RESULTS FOR THE SECOND FISCAL QUARTER.
BELLEVUE, WA February 8, 2018 – Radiant Logistics,
Inc. (NYSE American: RLGT), a third-party logistics and multi-modal
transportation services company, today reported financial results for the three
and six months ended December 31, 2017.
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Second Fiscal Quarter Financial Highlights (Quarter Ended December 31, 2017)
- Revenues were $206.7 million for the second fiscal quarter ended December 31, 2017, up $7.8 million or 3.9% compared to revenues of $198.9 million for the comparable prior year period. Sequentially, revenues were up $8.7 million or 4.4% compared to revenues of $198.0 million for the quarter ended September 30, 2017.
- Net revenues were $47.9 million for the second fiscal quarter ended December 31, 2017, down $2.2 million, or 4.4% compared to net revenues of $50.1 million for the comparable prior year period. Sequentially, net revenues were up $1.8 million or 3.9% compared to net revenues of $46.1 million for the quarter ended September 30, 2017.
- Net income attributable to common stockholders was $3.3 million, or $0.07 per basic and fully diluted share, compared to a net income of $2.1 million, or $0.04 per basic and fully diluted share for the comparable prior year period, including a one-time benefit of $2.3 million related to a re-measurement of deferred tax liabilities as a result of the recently enacted Tax Cuts and Jobs Act. Sequentially, net income improved up $3.0 million or 1000.0% compared to net income of $0.3 million for the quarter ended September 30, 2017.
- Adjusted net income attributable to common stockholders was $3.6 million, or $0.07 per basic and fully diluted share for the second fiscal quarter ended December 31, 2017, compared to adjusted net income of $5.4 million, or $0.11 per basic and fully diluted share for the comparable prior year period. Sequentially, adjusted net income attributable to common stockholders was up $0.7 million or 24.1% compared to adjusted net income of $2.9 million for the quarter ended September 30, 2017. Periods are calculated by applying a normalized tax rate of 31% and excluding other items not considered part of regular operating activities.
- Adjusted EBITDA was $7.1 million for the second fiscal quarter ended December 31, 2017, down $1.8 million or 20.2% compared to adjusted EBITDA of $8.9 million for the comparable prior year period. Sequentially, adjusted EBITDA was up $0.6 million or 9.2% compared to adjusted EBITDA of $6.5 million for the quarter ended September 30, 2017.
Click here for full press release (pdf)
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